Gulf Cooperation Council Weighs in on Durra Gas Field Dispute

Sunday, March 3, 2024

A Gulf Cooperation Council (GCC) ministerial meeting said on Sunday in a communique that the entire Durra gas field and its natural resources are jointly and only owned by Saudi Arabia and Kuwait, the Saudi state news agency reported.

Iran has previously claimed a stake in the field and has called a Kuwaiti-Saudi Arabian agreement to develop it signed in 2022 "illegal".

(Reuters - Reporting by Muhammad Al Gebaly and Ahmed Tolba; Editing by Jan Harvey)

Categories: Offshore Industry News Oil and Gas

Related Stories

Alexandre de Gusmão FPSO Reaches Peak Production

Zenith Energy to Lead Phase 2 of Northern Endeavour Decommissioning

SLB, Equinor to Upgrade Vessel Under Multi-Year Well Stimulation Deal

Current News

Alexandre de Gusmão FPSO Reaches Peak Production

Transocean Awarded $300 Million Contract for Ultra-Deepwater Drillship

Zenith Energy to Lead Phase 2 of Northern Endeavour Decommissioning

TGS Awarded Data Brokerage Rights for Brunei Block

Subscribe for OE Digital E‑News